Earky in 2025, Amulsar Mine Shall Operate: RA Economy Minister

Earky in 2025, Amulsar Mine Shall Operate: RA Economy Minister

"We think that the work should start in the Amulsar mine from the beginning of 2025, and extraction and export should take place at least in the last quarter," RA Minister of Economy Gevorg Papoyan said.

"Tendencies in the field of mining are developing, but the component of the Amulsar mine should also increase. There is now a process related to Amulsar, in particular, we are in the processes related to investors' financing. A part of the financing is already ready, there is still a process related to the other part, that is, there is a certain process of lending, we hope to finish it during this year",  Gevorg Papoyan noted.

The signing of the donation agreement for the 12.5% ​​shares of Lydian Armenia to the Armenian government has been postponed until December 30.

"Everything is an interconnected process, that is, we ourselves have agreed that we will solve all the issues, including this issue, in one package. There is nothing special there," Gevorg Papoyan outlined.

 

November 01, 2024 at 11:18